Through his verified X (Twitter) handle, Mr. Peter Obi, the 2023 Labour Party Presidential Candidate and former governor of Anambra State, expressed his serious worries regarding the distribution of finances amid urgent national challenges in a caustic assessment of recent budget measures.
Obi described the surprising N15 billion budgetary provision for the Vice President’s new home as “shocking and disheartening,” expressing his dismay at its discovery.
Citing the current allocations of N2.5 billion for the refurbishment of the Vice President’s mansion in Abuja and an additional N3 billion for renovation in Lagos, Obi emphasised the duplication of such expenditures throughout his examination. “If we add up all of these amounts, we would have allocated N20.5 billion for housing of the Vice President at this critical time,” remarked Obi..”
UPDATE: Nigeria Heading Towards A Failed State – Peter Obi
Obi drew attention to the fragile economic state of the country, highlighting the sharp discrepancy between the cash allotted and the rising rates of poverty, closed hospitals, and high rates of unemployment.
He emphasised the discrepancy by pointing out that the proposed budget for the Vice President’s house is equivalent to the yearly income of about 3000 university professors—funds that might be used to solve other pressing issues like healthcare and education.
Obi cited the principled choice of the late General Murtala Mohammed, who refused a presidential house and oversaw the building of housing for federal officials, in his demand for leadership that emulates previous instances of sacrifice.
In closing, Obi urged the nation’s leaders to show compassion and fiscal prudence for the country’s overall growth and development.
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